Gecas says to buy 10 planes from Boeing

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US aircraft leasing group GECAS said on Tuesday at the Le Bourget air show near Paris it intends to buy two Boeing 747-8 cargo planes and eight long-distance 777-300ER planes.

Leasing groups have been by far the biggest customers at this year's Paris International Air Show, and both Boeing and its European rival Airbus have won orders worth billions of dollars for their latest planes.

GECAS chief executive Norman Liu said the details of the order had yet to be finalised. At catalogue prices such a deal would be worth $2.9 billion dollars (2.0 billion euros).

The order is also good news for Boeing's 747-8, a modernised, longer version of its signature jumbo jet, on display in Europe for the first time and one of the stars of a week long trade show and flying display.

© 2011 AFP

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